130AA
CurrentPeriod of licence
Part ICrown lands generally
Division 8Agricultural leases, licences and permits
Subdivision 2Licences for agricultural purposes
130AA Period of licence
S. 130AA inserted by No. 96/1994 s. 10.
(1)
The period of a licence granted under section 130 must not exceed—
(a)
in the case of a licence relating to a water frontage, 35 years from the date it is granted; or
(b)
in the case of any other licence, 99 years from the date it is granted.
(2)
If a licence contains options for renewal of the licence by the licensee, the aggregate of the original period and the further period or periods must not exceed the maximum period permitted under subsection (1)(a) or (b) (as the case requires).
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